# PPP loan: ADACEL SYSTEMS INC
> **$770K** approved 04/02/2021 · Paid in Full · Loan `5147248708`
## Borrower
- **Name:** ADACEL SYSTEMS INC
- **Address:** 9677 Tradeport Dr 9677 Tradeport Dr, Orlando, FL, 32827-5318
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $770K
- **Initial approval:** $770K
- **Forgiven:** $777K (101%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $770K
- **Jobs reported:** 86
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*